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Home » Authors » Paul Muolo

Articles by Paul Muolo

Subservicing Growth Stalls in 1Q23

June 5, 2023
Paul Muolo
A handful of mid-sized players are in the process of being sold...
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SEC Filing Details Pay Package for New loanDepot CFO

June 5, 2023
Paul Muolo
After 2023, his bonus could reach 200% of his base salary...
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Short Takes: Waiting on a 5.5% Mortgage / Sideways Share Prices / Buying Ugly Ducklings / loanDepot’s House Cleaning / A Little M&A

June 5, 2023
Paul Muolo and James Dohnert
Flanagan and Carrillo have been active sellers of loanDepot stock the past few months, according to SEC records.
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Put Ginnie’s Backing Behind Commercial Paper?

June 1, 2023
Paul Muolo
With mortgage banking profits under pressure these days, sleep is still being lost over what might go wrong in the nonbank sector regarding Ginnie Mae obligations. One idea: a commercial paper backstop.
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Short Takes: State Farm Exits California / MSR Deals From Phoenix / MISMO Reference Model / FHFA Joins Disaster Mitigation Group

June 1, 2023
Sam Manas and Paul Muolo
State Farm has a 20% share of the homeowners market in the Golden State...
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Subservicing Growth Near Zero in 1Q23

June 1, 2023
Paul Muolo
Has the trend toward servicing outsourcing slowed? It’s starting to look that way, especially with mortgage rates staying high. Or perhaps this is just a long overdue rest? (Includes data chart.)
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A Third Technology Choice for Warehouse Banks?

June 1, 2023
Paul Muolo
The slowdown in home lending offers companies an opportunity to bring on new vendors and change technology platforms. But does this apply to the specialized world of warehouse finance?
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REIT M&A: Tonkel-Led Arlington Agrees to a Deal

May 31, 2023
Paul Muolo
Tonkel was a top executive at Friedman, Billings Ramsey, which took many a REIT public in the 2000s.
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UBS Receives Multiple Bids for Servicing Handled by SPS

May 31, 2023
Paul Muolo
The Utah-based specialty servicer became the property of UBS during the recent bank liquidity crisis.
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Bids Taken on SPS MSRs. 1,200 Securitizations Affected

May 25, 2023
Paul Muolo
The future of Select Portfolio Servicing is unknown, but $37.1 billion of its mostly non-agency servicing rights recently hit the auction block.
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